If they don't let up on the banks, America is going to die a slow death. The need of regulation is obvious but it is a double edge sword and too much will prove to be catastrophic to our economy. It's simple...Loan money and people buy stuff...loan money and small business hires people and spends money to grow...people borrow money and banks make money....its inevitable that all cycles come to an end or bubbles pop, no cycle is perfect but you have to take the good with the bad, because you ain't gonna fix it by regulating...If only common sense were common...

5:16 pm June 7, 2011

juan motime wrote :

As,long as people like Dimon and Blankfein are still in charge of any bank, the bad actors have not gone. In fact, they are still at the center of the stage in leading roles, still causing much damage to evberyone but themselves.

5:17 pm June 7, 2011

Anonymous wrote :

Regulators are reallly asleep and/ or in the pockets of the Big Banks (See: Fed ex-cgairman Kahn apology directly from the horse's mouth). The banks can do whatever they want with their capital as long as there is NO implicit or explicit back from the US Treasury and US taxpayers... "Bad actors are gone" says Jamie Dimon... and a sucker is born every second / CA

5:25 pm June 7, 2011

S wrote :

Bernanke continues to deny there is any inflation or the Fed has any responsibility for the economic problems

5:57 pm June 7, 2011

Bankersrliars wrote :

Hey Jaime:
I, for one, expect banks to get their wings clipped GOOD! I expect my govt. to do their job and REGULATE so that CRIMINALS like you (who should be serving a life term in prison) do NOT get another chance to create misery and hardship on the US middle class for your PROFIT!! Yes, as a lifelong Republican, I say, REGULATE, REGULATE, REGULATE, REGULATE, REGULATE, REGULATE, REGULATE, REGULATE, REGULATE, REGULATE, REGULATE, REGULATE, REGULATE, REGULATE, REGULATE, REGULATE, REGULATE!!!!!!!

5:57 pm June 7, 2011

Xicana wrote :

Rich people discussing what will benifit themselves...
There is something really wrong with these picture.
There's something really wrong with members of bid business runing our country

5:59 pm June 7, 2011

Xicana wrote :

I meant big business

6:00 pm June 7, 2011

Dan wrote :

Adequate capital for banks that are deemed "to big to fail" is an absolute necessity.

Given the power of lobbying money in Washington DC, I am pretty pessimistic about the outcome.

6:59 pm June 7, 2011

Lenny wrote :

Keep pounding on the financial service industry and we'll be back to a barter/3rd world economy. Let's stop blaming the banks, brokers, hedge funds, over spending consumers, regulators, the US Treasury, FRB, TARP, Congress, Democrats, Republicians, OPEC, the Arab Spring, Europe, George Bush and Barrack Obama. We need to stop looking backwards and start looking ahead. Let's come up with a viable plan to move forward.

8:15 pm June 7, 2011

Greg wrote :

This like the son that you bailed out of jail for drunk driving a few months ago whining that you will no longer cover him on your car insurance.

8:35 pm June 7, 2011

Jack Russell wrote :

Another overpaid, whiny CEO who doesn't know that he should shut up and be thankful that more of his peers aren't in jail and that the banks haven't been nationalized. Somebody will write a book someday... memo to Jamie: there have been many books written about how banks learned from the bank bailout scam of the early 1990s and came back with a bigger, better way to *steal* taxpayer money in the 2000s. Here's a clue, Jamie: hire someone, invest in America. The last good idea you guys had was to give mortgages to people who couldn't pay for them, package them up, and flood the world with them. When you've done something for the country, then you can be a pompous tool. 'Til then, sit your big butt down and do what the government tells you to. Without the condescending attitude.

What is this? Sol Alinsky journalism? Dimon is the best we have. What an embarrassing smirk! Surely the journal has their pick of writers!, don't they? They should definitely hire one!

9:36 pm June 7, 2011

Lou wrote :

Like always, Mr Jamie Dimon seems to equate his bank's profits (and his salary) with the common good, and an increase in the bank profits (coming buying and trading silver, and Afghanistan gold, with the help of the American troop, Iraq petroleum with the help of the Treasury!) with an improved economy.
It is already hard to believe Mr Bernanke, but if we have to think of a single name for someone who really does not care about a recovery, Jamie Dimon is the first that would come out in a long list.

11:41 pm June 7, 2011

jim waldorf wrote :

Government is going to have to get out of the way in order bor banks to operate effectively. Banks need some leverage to profit. The pendulem is starting to swing too far to the left. Most recently Obama administration's new attorney general has solicited state attorney generals to jump on board litigation against the very banks the government helped out. Something smells bad when USG sells their holding in Citibank for a 7bln dollar profit (in 18 months) upwards of 20% short term profit. Only to sue them seeking 20 billion shortly there after, eroding shareholder value only after their exit. This is election year stuff taking shape at a huge cost.

11:54 pm June 7, 2011

Jim Waldorf wrote :

Current administration is setting the playing field for 2012 elections. Appealing to a large constituency of people that have met financial hardship. With home foreclosures at an all time high, Obama see's an opportunity to play to high emotions (i.e. his new AG suing the large banks, seeking 20 bln settlement) Today everyone loves to hate a bank, Obama knows this. He will play his fidel to that very audience, at a large expense to shareholder value. This is typical Clintonista style as well, and probably his source of campaigne advice. Going to far will essentially be the same as Nationalizing the banks. Socialism? maybe.

2:29 am June 8, 2011

Lou wrote :

We've seen how things go when the government goes out of the way and let the banks make profits where and how they want!
To hate bank is nothing new, banks and bankers have been hated since they exist.!
And bank really do not care if they aren't loved, they are not Apple!
Canadian banks are not nationalized but strictly controlled.
They profit when the whole society does.
So the American banks should try to make the fair share to try to sustain the economy, instead of trying to make profits from trading with their clients money.
The administration that started bailing out the banks was certainly not one that we could qualify as socialist.

9:31 pm June 8, 2011

Staged Exchange wrote :

Jamie Dimon’s question at the conference yesterday was probably staged. Bernanke and the Big Wall Street Banks are in bed together big time. There is no daylight between them. Dimon wanted the public to think he and JP Morgan were being unfairly regulated. Dimon basically accused the government of overkill. Bernanke did his part by saying he never considered the overall impact that governmental intervention would have on large banks. The exchange was nice theater meant to dupe the public and the gullible. These TBTF banks shouldn’t even be in business. Yet their leaders, like Dimon, are arrogant enough to complain publicly as though Main Street gives a damn. All these self-absorbed creeps care about is themselves.

1:39 pm June 10, 2011

Hamlet wrote :

Woe is me! Perhaps the best remaining national newspaper in this country can't keep from splitting infinitives with "not" -- and in a headline, no less. Did I say, "To be or to not be?" Of course, I didn't. That is weak and awkward phrasing. But these days journalists, TV and radio broadcasters, talk show hosts, even cartoonists don't seem to recognize how bad this sounds. I believe they did not read enough good literature in their formative years.

3:07 pm June 24, 2011

katy wallace wrote :

Bad Actors?? Mortgage brokers did not cause this crisis. They distributed the product that was provided to them by the lending institutions. Think the government got the "right" bad guys? think again.

How to hold Wall Street legally accountable for their actiions already exist, we don't need another governmental agency created to be Wall Street's partners. If you are a negative equity homeowner or a taxpayer who feels Wall Street should pay for their own mistakes, join the petition: http://unitedinprosperity.org. .

7:33 am July 14, 2011

TIGER BALM JP-V wrote :

I AM OUT OF TIME AN OPTION. SO, ARE YOU.
THEY GAVE ME TO THE SCAMMERS AND WASTED MY TIME AND VALUE.
I NEED TO TALK TO MR. J. DIMON - CEO - JP MORGAN / CHASE
AND MR. BEN BERNANKE - CHAIRMAN - FED. RESERVE
SUBJ: "O" COUPON BOND - GET BACK TO ME IN THIS E-MAIL AND TEL. NO. (757) 646-5877

11:55 am July 30, 2011

Anonymous wrote :

If they don't want the government's hands in the mix, they better give back their bonuses. By the way, that was TAXPAYER MONEY that saved you idiots.

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